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Home
Markets
Deals

Exxon-Pioneer mega deal adds to Permian M&A frenzy amid rush to boost reserves

October 11th, 2023 | 11:24 AM MARKETS Deals 1

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Worth reading...

BlackRock's GIP nears $38 billion takeover of utility group AES, FT reports
Rai Way, EI Towers shareholders set to extend talks over Italy's TV tower tie-up
Exclusive: Advent recently explored offer for Britain's JTC, sources say
Glanbia to sell Slimfast US to Heartland Food Products group of US
By Reuters

Permian Basin dealmaking has got a major boost with Exxon Mobil (XOM.N) set to buy rival Pioneer Natural Resources (PXD.N) for nearly $60 billion, which will make it the biggest producer in the largest U.S. oilfield.

Permian is a prime target for producers looking to increase their inventory. The shale patch, which lies between Texas and New Mexico, has robust infrastructure and is known for high productivity and large undeveloped reserves.

Below is a list of Permian deals so far this year:

  • Topic
  • USA
  • OIL/PERMIAN BASIN (FACTBOX)
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Previous article BlackRock's GIP nears $38 billion takeover of utility group AES, FT reports

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